W&T Offshore, Inc. announced that it has entered into an agreement with Newfield Exploration Company and its subsidiary, Newfield Exploration Gulf Coast LLC (“Newfield”) to acquire all of Newfield’s exploration and production properties in the Gulf of Mexico. The transaction includes 78 federal offs
The international company behind the proposed $4.9 billion cruise ship and integrated tourism, residential and casino proposal near Wavebreak Island in the Southport Broadwater says it can complete the required dredging to enable cruise ship access within four weeks. President and CEO of Sembawang o
Ulstein has over time been cooperating with the American shipbuilding group Vigor Industrial in the development of the conceptual design for a coastguard vessel (OPC – Offshore Patrol Cutter). Vigor is now announcing ULSTEIN’s SX151 design in the United States as part of a campaign aimed at the U.S.
Brazil is to overcome Norway as the world’s largest offshore market in 2015 says analyst Rystad Energy. NCE Subsea cooperates with Brazilian organizations to enhance business opportunities. In a ceremony in São Paulo, NCE Subsea and Federação das Indústrias do Estado de São Paulo (FIESP) – the Feder
Eurasia Drilling Company Limited, the leading onshore and offshore drilling service provider in the CIS, announces that it has been awarded a multi-year contract extension with PETRONAS Carigali (Turkmenistan) Sdn Bhd for drilling offshore Turkmenistan in the Caspian Sea. Effective from January 9, 2
Nautilus Minerals announces that its 100% owned subsidiary, Tonga Offshore Mining Limited (“TOML”) confirmed that Golder Associates Pty Ltd., (“Golder”) has completed a maiden Mineral Resource estimate for TOML’s Clarion-Clipperton Fracture Zone (“CCZ”) polymetallic nodule project, located within th
On September 18, 2012, Gulf Island Fabrication, Inc. announced that its subsidiary, Gulf Island Marine Fabricators, L.L.C., signed a contract for the fabrication of a 335 Class, 185 feet long by 135 feet wide by 15 feet deep, offshore liftboat for Montco Offshore, Inc., a marine operator based in Ga
Karoon Gas Australia Ltd and Pacific Rubiales Energy Corp. (PRE) have, through their subsidiaries, executed final agreements for PRE to acquire a 35% interest in the Karoon’s wholly owned Santos Basin Exploration Blocks, S-M-1101, S-M-1102, SM- 1037 and S-M-1165 with an option to acquire a 35% inter
Wärtsilä Hamworthy has won a contract with Hyundai Mipo Dockyard to supply cargo handling equipment and engineering to four medium size carriers for Antwerp–headquartered Exmar Shipping SA. Each of the 38,000 m³ capacity vessels will be delivered from the first quarter of 2014 onwards. All will feat
Turner Designs has introduced its Turbidity optical configuration now available for the Cyclops-6K Submersible Fluorometer, which enables monitoring of turbidity up to a depth of 6000 meters. Offering the same low power requirements, high performance, and long-term stability as the Cyclops-7 Submers
The South Haven City Council this week voted to hire a couple of firms to help it prepare the paperwork needed to undertake some dredging projects next spring. Assistant City Manager Paul Vandenbosch stated that the dredging work will be needed to make it easier for boats to pass through certain loc
ABB, the leading power and automation technology group announced that it has introduced several new software applications for the marine market that will help all types of ocean vessels dramatically reduce their fuel consumption. These Advisory Systems include the latest versions of ABB’s energy man
The Halifax Port Authority has signed a Memorandum of Understanding with the Panama Canal Authority. The Port of Halifax is the first port in Canada to sign an MOU with the Panama Canal Authority. The purpose of the Memorandum of Understanding is to identify business opportunities, increase awarenes
International oil services group Aker Solutions is set to ramp up its presence in the north east of England. The company aims to create up to 100 jobs in its new Stockton-on-Tees engineering office over the next three years. Aker Solutions’ drilling technologies business will be the main occupant in
